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Video Transcript

When looking at cellulose and corn, I have to acknowledge
two things. One: these raw materials lead to very different consequences
ultimately in terms of their potential for large-scale benefit to society, as
in my estimation. Number two: the existing fuel industry is entirely corn, and
people who've invested in that industry—which is not only Archer
Daniels Midland but a lot of farmer-owned coops, for example, and many other
folks along the line—they're interested in the future; they're
intrigued by the possibility of cellulosic biomass and fuels made there-from.
They've also got a present to be concerned about, and they don't
want to mortgage the real present for the imaginary future too soon.